Question: Cost per equivalent unit The cost of direct materials transferred into the Rolling Department of Kraus Company is $2,827,500. The conversion cost for the

Cost per equivalent unit The cost of direct materials transferred into the Rolling Department of Kraus Company is $2,827,500. The conversion cost for the period in the Rolling Department is $94,500. The total equivalent units for direct materials and conversion are 3,900 tons and 900 tons, respectively. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analyses, and input your answers in the questions below. Open spreadsheet Determine the direct materials and conversion costs per equivalent unit. Round your answers to the nearest dollar Direct materials cost per equivalent unit: Conversion cost per equivalent unit: per ton per ton A 1 Cost per equivalent unit 2 The following data is provided for the Rolling Department of Kraus Company: 6768LGSAWN- 9 10 11 PARFSTRIRING 13 19 14 15 Direct materials cost per equivalent unit 16 Conversion cost per equivalent unit 17 18 20 Using formulas and cell references, perform the required analysis, and input your answers into the Amount column. Transfer the numeric results for the green entry cells 12 (C15:C16) into the appropriate fields in CNOWv2 for grading. 21 DATA 22 Cost of direct materials Conversion cost for the period Total equivalent units for Direct materials Conversion 23 B $2,827,500 94,500 C 3,900 tons 900 tons Amount Formulas E
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